Description

A senior business development manager is primarily responsible for creating and maintaining strong relationships and making business decisions. A senior business development manager is very similar to a business manager, and this position exists in a variety of industries.However, in all industries, many duties of senior business development managers are the same. They must plan ways to grow the business, identify areas of client needs, manage and participate in business negotiations, and approve and review other business decisions. Additionally, they may be expected to manage deadlines and delegate tasks to subordinates. They also may also be asked to analyze and monitor business growth and decline, as well as provide possible solutions and new ways to increase productivity and sales. Development managers should also be able to formulate short-term and long-term goals, as well as formulate plans to achieve both.Senior business development managers frequently need a bachelor’s degree and, in most cases, a master's of business administration (MBA) is also expected. They should also have at least five years of experience in marketing, with an emphasis in business development, if possible. Additionally, managerial experience is helpful. Also, they should be able to work well with employees and build lasting relationships with clients, so good communication and interpersonal skills are necessary.Senor business development managers may work overtime depending on projects' or their business' needs; travel is also very typical in this position, especially when negotiating with a client or supplier.

Roles & Responsibilities

As a Senior Business Development Manager with 9+ years of experience in the AE, your main responsibilities include:

  • Developing and implementing strategic business plans to achieve company growth targets.This involves analyzing market trends, identifying potential clients, and creating strategies to acquire new business opportunities.
  • Building and maintaining strong relationships with key stakeholders and clients.This entails networking, attending industry events, and nurturing existing client relationships to drive customer satisfaction and retention.
  • Leading and mentoring a team of business development professionals.You will be responsible for guiding and motivating your team to achieve their targets, providing training and support when needed.
  • Conducting market research and competitive analysis to identify market gaps and potential areas for expansion.

Qualifications & Work Experience

A Senior Business Development Manager will be accountable for overseeing the expansion as well as expansion of company's customer list and income streams. They will look for potential business avenues, establish and keep relationships with potential clients, and make agreements. In addition, they work with other departments to create and implement strategies to increase the presence of their business and meet goals for sales. The ideal candidate has excellent leadership abilities and a track record of success in accelerating business growth and outstanding negotiation and communication skills.

Essential Skills For Senior Business Development Manager

1

Business Development

2

Business Strategy

3

Management Accounting

Career Prospects

The role of a Senior Business Development Manager is crucial for driving growth and building strategic partnerships. With 9+ years of experience in the AE, professionals in this field can explore various alternative roles. Here are four options to consider:

  • Sales Director: A leadership position overseeing sales operations and developing sales strategies to achieve business objectives.
  • Strategic Partnerships Manager: Focused on identifying and establishing partnerships with key stakeholders to drive business growth and expand market reach.
  • Product Manager: Responsible for developing and managing product portfolios, conducting market research, and driving product innovation.
  • Marketing Manager: A role that involves developing and implementing marketing strategies, conducting market analysis, and managing promotional campaigns.

How to Learn

The Senior Business Development Manager role in the United Arab Emirates is projected to have significant growth in the market. According to a 10-year analysis, employment opportunities for this position are expected to increase substantially. Google's latest data points indicate a favorable job market outlook with numerous openings anticipated in the coming years. With ongoing economic expansion and increasing business needs, the demand for skilled professionals in this field is expected to rise steadily, making it an attractive career choice in the UAE.